PYI Corporation Limited

Prosperity (0310) coughs up investment details at 30-Jun-2017
Company announcement, 1-Feb-2018
This follows a Webb-site complaint filed on 5-Jan-2018 that the company had failed to comply with Listing Rule disclosure requirements in its interim report and that the Exchange had failed to notice. There are several notable holdings exposed.

Paul Y.-ITC: Just Say No
Charles Chan, Chairman of Paul Y.-ITC, has made an offer to buy its stakes in Australian-listed Downer EDI, HK-listed China Strategic Holdings Ltd and a pile of property, all for less than 10% of book value. Webb-site.com urges independent shareholders of both Paul-Y and its controlling shareholder, ITC, to vote it down. (21-Oct-2002)

HK's Takeunder Code
Three recent "takeunders" of Beauforte Investors, China Internet Global Alliance and Tung Fong Hung have reminded investors how ineffective Hong Kong's takeover code is. In each case, a buyer has been willing to pay a substantial premium for a stake which, while under 35%, is clearly enough to achieve control without making a general offer. Webb-site.com urges the SFC to reduce the threshold for these "takeunder" transactions. (18-Dec-2000)